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iPath S&P 500 VIX ST Futures ETN Message Board

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  • wes_w_weber wes_w_weber Feb 1, 2013 3:07 PM Flag

    Anyone think the DOW 18,000 call was stupid anymore.

    My game plan as dollars are destroyed is to own stocks. As the measuring stick becomes smaller everything else by association becomes greater. When things hit the fan and I believe the well years out I personally would rotate into US Dollars as the financial system collapes. The dollar will spike much to the same analogy as horses running back into a burning barn. After the dollar run is complete I would rotate out of that into Gold and the play is complete while World Leaders try to create a functioning currency and Gold skyrockets - at which point you have to sell it for whatever native currency commands you life and live happily ever after. Probably a 20 year play all in all. Many other things will occur in between and i will have some fun but that I believe is the game plan for maximum return.

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    • spymmo Feb 1, 2013 3:16 PM Flag

      maybe safer to ditch the dollar play and just hold gold from now on? countries around the world are printing their currencies into oblivion I am guessing gold will start raging this year. EVERY big player wants to get into gold once other plays are done, everyone knows it is the terminal place to be after all this #$%$ is over, which makes me think now is as good time as ever to get into it.

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